A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted US consumer prices by the most in nearly a year. Retail sales rose 0.4% last month, buoyed by auto and gasoline station purchases.
Retail sales post modest gain in July, consumer prices rise
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
